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this is looking very much like 1984 and ronald reagan. unemployment down, people back to work. melissa: thanks for coming on the show. we appreciate your time. >> my pleasure. melissa: so there is big divide in the jobs data today, as we're discussing household survey shows total employment surged 873,000, but payroll says only 114,000 people went back to work. even jack welch said it, hard to reconcile these numbers. he tweeted, unbelievable jobs numbers. these chicago guys will do anything. can't debate so they change the numbers. that is harsh criticism. here with me is economist peter morici. which also have gary burtless, senior fellow? [no audio. what do you think. what a difference between the two surveys. peter, start with you. >> the bls is not cooking the numbers. i believe that. they don't do such a thing. there a anomalies. household survey counts self-employed people. a lot of people established home based business. they have been dissipating savings. that doesn't mean they're fully employed. to have 800,000 jobs created that would be 6% gain in employment in one m
this is looking very much like 1984 and ronald reagan. unemployment down, people back to work. melissa: thanks for coming on the show. we appreciate your time. >> my pleasure. melissa: so there is big divide in the jobs data today, as we're discussing household survey shows total employment surged 873,000, but payroll says only 114,000 people went back to work. even jack welch said it, hard to reconcile these numbers. he tweeted, unbelievable jobs numbers. these chicago guys will do...
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Oct 14, 2012
10/12
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ronald reagan proposed sweeping tax rate reduction and the result revenues up 99%. biden: we made sure we cut taxes for the middle-class. gerri: not even close to trooper release seven taxes from obamacare ball directly on the middle class. the tax for not having health care insurance. obamacare taxed the ma in the name of flexible spending account in those to deduct from taxes. i could go on and on. joe biden scored big points claiming hedgefunds would benefit. biden: 90% of small business america make less than $250,000. others are hedge funds making $600 billion per year that counts as the small business. gerri: hedge fund? the irs says they fall within the household of the top two brackets that the administration wants to raise taxes. and more than half of americans. vice president wants to raise taxes on small business. paul ryan does not. beau biden says the plan worked anybody knows the numbers knows it is not true. the federal deficit on track to hit $1 trillion for the fourth year in a row. the administration does not have a lot of bragging rights. 15% on f
ronald reagan proposed sweeping tax rate reduction and the result revenues up 99%. biden: we made sure we cut taxes for the middle-class. gerri: not even close to trooper release seven taxes from obamacare ball directly on the middle class. the tax for not having health care insurance. obamacare taxed the ma in the name of flexible spending account in those to deduct from taxes. i could go on and on. joe biden scored big points claiming hedgefunds would benefit. biden: 90% of small business...
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Oct 13, 2012
10/12
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the tagline is, re-elect ronald reagan. i said, are you kidding me that? that is blatant, blatant and good. you may think it's corny, but let's face it, you think everything's corny, okay, but if you can get an image like that it really matters. >> ed rollins was reagan's campaign manager. >> two kinds of monitoring you make in a campaign. one is an intellectual argument and one is an emotional argument. >> when beckle ran mondale's campaign, he saw this ad. >> where's the beef? >> wendy's was trying to convince people their hamburgers had more beef. >> where's the beef? >> you were home watching tv with your girlfriend and saw this ad. >> yeah. i saw the ad. my girlfriend said to me, that reminds me of gary hart. what's he all about? all of a sudden, it clicked. >> this is not polling, just a comment from a girlfriend. >> that's right. >> you probably liked her too much. >> no, no. i didn't actually. that triggered in my mind something that made some sense, we could put on the next poll. we put it on a poll, it tested well. >> so mondale used it in a deba
the tagline is, re-elect ronald reagan. i said, are you kidding me that? that is blatant, blatant and good. you may think it's corny, but let's face it, you think everything's corny, okay, but if you can get an image like that it really matters. >> ed rollins was reagan's campaign manager. >> two kinds of monitoring you make in a campaign. one is an intellectual argument and one is an emotional argument. >> when beckle ran mondale's campaign, he saw this ad. >> where's...
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Oct 11, 2012
10/12
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david stock man, ronald reagan budget director. makes you think, you know we don't off don't this, we don't go long with a lot of guests, some we make an extension for, mr. stock man is among them, either agree or disagree, he makes you think. >> thank you. neil: we have a lot more after this, including what we're getting read for every in kentucky tomorrow. -- for in kentucky tomorrow. follow the wings. >> the vice-presidential debate tomorrow in kentucky kentucky, david stockman says paul ryan is not doing enough or cutting enough's. far from the frankenstein image. he is not nearly eight frankenstein or aggressive enough. that will come up tomorrow with the debate what about the democrats state of
david stock man, ronald reagan budget director. makes you think, you know we don't off don't this, we don't go long with a lot of guests, some we make an extension for, mr. stock man is among them, either agree or disagree, he makes you think. >> thank you. neil: we have a lot more after this, including what we're getting read for every in kentucky tomorrow. -- for in kentucky tomorrow. follow the wings. >> the vice-presidential debate tomorrow in kentucky kentucky, david stockman...
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Oct 10, 2012
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the fact is that they tried to make ronald reagan look like the devil. that he was going to start a war, that the economy would be even worse. when the people saw him in that debate, they said oh, i don't believe what these guys are saying about him. he seems to be a nice, reasonable guy who is making a clear statement based on what appeared to be the facts. and all the charges made against him don't seem to be true. neil: this is not a one-shot deal. jimmy carter didn't get a chance for another debate. folks were of the notion that he was a little serious. there are a couple of more debates. one for the vice president. there is time for them to make up ground to the argument. >> if the president can prove that the fact that he comes out with when he speaks among his friends, which i don't think he can. again, even the people that they say verify the facts are saying that the facts are being misused. >> where is mitt romney coming from? >> i think the independent. >> i have another crazy point. i think people who give lukewarm support for the president b
the fact is that they tried to make ronald reagan look like the devil. that he was going to start a war, that the economy would be even worse. when the people saw him in that debate, they said oh, i don't believe what these guys are saying about him. he seems to be a nice, reasonable guy who is making a clear statement based on what appeared to be the facts. and all the charges made against him don't seem to be true. neil: this is not a one-shot deal. jimmy carter didn't get a chance for...
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Oct 12, 2012
10/12
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>> i think he might, he might take cues in a since of knowing how ronald reagan approached the debate to maintain a friendly disposition to be alert to the questions, and respond appropriately. and also to be very polite, and to be the gentlemen he always was. neil: ed, i am wondering, as a former attorney general, now, a lot of legal questions raised about the benghazi blow up, what the administration knew, many are demanding to see cables from ambassador stephens that they think shows he was concerned about his safety, that it could blow up, and legally it should be investigated, and warrant the hiring of a special prosecutor. do you think it blows up to be that big of an issue, and do you think it will come up in this debate. >> it may come up, i think that the administration is in a very tough position, they have two answers, which were not good, one is they were incompetent the other, they were lying. neil: true to your word, keeping it straight and simple like your old boss. if it takes away from this administration. you heard from time again from vice president that osama bin l
>> i think he might, he might take cues in a since of knowing how ronald reagan approached the debate to maintain a friendly disposition to be alert to the questions, and respond appropriately. and also to be very polite, and to be the gentlemen he always was. neil: ed, i am wondering, as a former attorney general, now, a lot of legal questions raised about the benghazi blow up, what the administration knew, many are demanding to see cables from ambassador stephens that they think shows...
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Oct 11, 2012
10/12
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david stock man, ronald reagan budget director. makes you think, you know we don't off don't this, we don't go long with a lot of guests, some we make an extension for, mr. stock man is among them, either agree or disagree, he makes you think. >> thank you. neil: we have a lot more after this, including with the spark miles card from capital one, thor's couture gets the most rewards of any small business credit card. your boa! [ garth ] thor's small business earns double miles on ery purchase, every day! ahh, the new fabrics, put it on my spark card. [ garth ] why settle for less? the spiked heels are working. wait! [ garth ] great businesses deserve the most rewards! [ male announcer ] the spark business card from capital one. choose unlimited rewards with double miles or 2% cash back on every purchase, every day! what's in your wallet? [ cheers and applae ] [ male announcer ] how do you make 70,000 trades a cond... ♪ reach one customer at a time? ♪ or help doctors turn billions of bytes of shared information... ♪ into a fif
david stock man, ronald reagan budget director. makes you think, you know we don't off don't this, we don't go long with a lot of guests, some we make an extension for, mr. stock man is among them, either agree or disagree, he makes you think. >> thank you. neil: we have a lot more after this, including with the spark miles card from capital one, thor's couture gets the most rewards of any small business credit card. your boa! [ garth ] thor's small business earns double miles on ery...
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. >> ronald reagan. lou: he lost in the first one. >> two out of three from walter mondale. lou: maybe this is a new level. i just want to see how stingy they are with their praise. i think he blew the doors off. >> he had the night of his life. he did. and barack obama i thought had been decent but not great. he does things well. debating is not one of them. lou: does he get better? >> no. he keeps the head down who are the lowlifes challenging me? i think that is the arrogance coming out. he does not seem to enjoy a the political process more to be anointed. >> i would say i would concede the mitt romney that showed up last tuesday is the real one. i think there will be much more aggression in going forward. >> just a second. i want to go back to you this reading the social that. >> i apologize. [laughter] lou: you are running from the safety net? >> you are a clever political strategist. >> the obama argument has to be the romney tax cuts are real and will result in social programs being cut. lou: but today three days after the commentary, there is a good case the preside
. >> ronald reagan. lou: he lost in the first one. >> two out of three from walter mondale. lou: maybe this is a new level. i just want to see how stingy they are with their praise. i think he blew the doors off. >> he had the night of his life. he did. and barack obama i thought had been decent but not great. he does things well. debating is not one of them. lou: does he get better? >> no. he keeps the head down who are the lowlifes challenging me? i think that is the...
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Oct 13, 2012
10/12
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jack kennedy, ronald reagan. biden: now your jack kennedy? gerri: that was a cheap shot. bided was wrong when he claimed lower tax rates never had higher revenues. 1920's were slashed from 70% down a 20%. there rose 60%. kennedy cut across the board with the top rate down at 70%. tax revenues jump. ronald reaganproposed sweeping tax ratereduction and the result revenues up 99%. biden: we made sure we cut taxes for the middle-class. gerri: not even close to trooper release seven taxes from omacare ball directly on the middle class. the tax for not havi health care insurance. obamacare taxed the many in the name of flexible spending account in those to deduct from taxes. i could go on and on. joe biden scored big points claiming hedge funds would benefit. biden: 90% of small business america make less than $25000. others are hedge funds making $600 billion per year that counts as the small business. gerri: hedge fund? the irs says they fall within the hsehold of the top two brackets that the administration wants to raise taxes. and more than half of americans. vice presiden
jack kennedy, ronald reagan. biden: now your jack kennedy? gerri: that was a cheap shot. bided was wrong when he claimed lower tax rates never had higher revenues. 1920's were slashed from 70% down a 20%. there rose 60%. kennedy cut across the board with the top rate down at 70%. tax revenues jump. ronald reaganproposed sweeping tax ratereduction and the result revenues up 99%. biden: we made sure we cut taxes for the middle-class. gerri: not even close to trooper release seven taxes from...
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>> they do matter a great dial, this is biggest single debate in helping a candidate since ronald reagan. it was one debate, in carter in '76 they proved people were comfortable to him becoming president. less:liz: said no more presidel debates. >> that is right, until 1976, i remember i went did the research, getting ready for 76 debate, i assume like everyone else legend was that kennedy won first debate big and moved polls a lot, he had not, he moved them a few points but he got what i call credibility threshold. the reason that romney is doing so well, not vote numbers alone. he did was, you could see it in cbs poll, their panel of uncommitted voters. liz: the guys and ladies in 40 40 40-yard line. >> yes, 30% said that romneycared about people about them at the beginning of the debate, by the end it was 53, almost doubles, he made hi hims, i am not an ogre, and second he managed to say, i have a vision, my ideas here is my program, president was terrible. liz: here is the problem, we're also seeing al gore who blew a comfortable lead. >> yes, against bush, the debate. with whoever t
>> they do matter a great dial, this is biggest single debate in helping a candidate since ronald reagan. it was one debate, in carter in '76 they proved people were comfortable to him becoming president. less:liz: said no more presidel debates. >> that is right, until 1976, i remember i went did the research, getting ready for 76 debate, i assume like everyone else legend was that kennedy won first debate big and moved polls a lot, he had not, he moved them a few points but he got...
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reagan, his latest piece, blasting the president, he is so disappointed with the president, too arrogant to take a core campaign responsibility seriously, that is to actually prepare for a debate. to arrogant to give his supporters what they deserve, hopefully this serves as a lesson toers to news week. a major restaurant chain, testing out new policy of cuts back on full-time jobs to limit financial impact of obama car, darden, restaurants, that own olive garden, and red lobster is no longer offeringfuingful time schedules. they face fines, and their there is an experiment with part-time workers. >> romney and president, in ohio, one of 8 swing states that could decide the election. since this data shows, income continued to drop last year, dropping in most battle ground states, except iowa and wisconsin, florida hardest hit. >> associated press, under fire for taking what critics call a cheap shot against governor romney, posted -- look at this, this image with governor romney bending over in front of a surprised schoolgirl, initial caption did not explain her reaction, but they have u
reagan, his latest piece, blasting the president, he is so disappointed with the president, too arrogant to take a core campaign responsibility seriously, that is to actually prepare for a debate. to arrogant to give his supporters what they deserve, hopefully this serves as a lesson toers to news week. a major restaurant chain, testing out new policy of cuts back on full-time jobs to limit financial impact of obama car, darden, restaurants, that own olive garden, and red lobster is no longer...
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now, i am old enough to remember when walter mondale beat ronald reagan in the first debate. no, my god. walter mondale will be president of the united states. of course, reagan came back. that is when he made his famous statement. i won't use my opponent's age and experience in this debate. but then, i think the ice presidential debate is important because that is coming up thursday. i think that paul ryan has also come across as being presidential. could this guy to fahey is pretty young. gerri: big expectations. i expect 55% ryan, biden 39. >> while. gerri: when the expectations are that high a is easy to give it up. >> that is true, as barack obama learned. i would let joe biden do as much stocking. you never know when he's going to stuff his foot in his mouth. he has done it multiple times over the last few weeks. gerri: romney's court in that debate on issues that he really wanted to talk about, jobs and the deficit. my understanding is that you just looked at this today and found obama scored 20 on the deficit and romney scored 41. when the team to jobs, 24357. run the
now, i am old enough to remember when walter mondale beat ronald reagan in the first debate. no, my god. walter mondale will be president of the united states. of course, reagan came back. that is when he made his famous statement. i won't use my opponent's age and experience in this debate. but then, i think the ice presidential debate is important because that is coming up thursday. i think that paul ryan has also come across as being presidential. could this guy to fahey is pretty young....
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Oct 12, 2012
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. >> jack kennedy-- ronald reagan. >> oh, now you're jack kennedy. >> and he got it wrong. george w. bush lowered rates and when they did the treasury went up. and the other hot topic was libya. >> this benghazi issue would have been a tragedy in and of itself, unfortunately it's indicative of a broader problem. what we're watching on our tv screens is the unravelling of the obama foreign policy which is making the war more chaotic and us less safe. >> joe biden says the administration did not know about the request for more security in libya, but a day earlier the state department official in sworn statement said more security had been requested and denied. and when asked about it, president obama said, quote, i didn -- and after that, said i didn't catch that exchange. and the opening bell on wall street. here we go. >> stocks will open pretty flat this morning, a day after the debate. we've got one news item, a number from the government in the background here, it's the producer price index up. 1.1%, month over month and that's a big increase, however, if you take out fo
. >> jack kennedy-- ronald reagan. >> oh, now you're jack kennedy. >> and he got it wrong. george w. bush lowered rates and when they did the treasury went up. and the other hot topic was libya. >> this benghazi issue would have been a tragedy in and of itself, unfortunately it's indicative of a broader problem. what we're watching on our tv screens is the unravelling of the obama foreign policy which is making the war more chaotic and us less safe. >> joe biden...
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Oct 13, 2012
10/12
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the reason for that is, it was highest number since the one single debate ronald reagan had against jimmy carter in 1980. that is a famous year. that is the first time in 100 years republicans have taken out a sitting president. the presidential debate tied with clinton's debate with the first george bush in 1992, when the democrats took out an incumbent president. so i think there are a lot of people who are unhappy with oba but they just wanted to check out the challenger, make sure they're not leaping into something that they're not comfortable with. wow, romney's performance will make them very comfortable. melissa: everyone thought their guy won. they were like, my guy was awesome. isisn't that sort of, don't you think that was sort of the takeaway from everybody at home? of course you know, half thought it was one guy and half thought it was the other guy that really got it done? >> my, my sense of the debate was more that each side was presenting its policy positions and, i do think ryan looked like, a lovely young man who would not be off-putting to most people and it is not so mu
the reason for that is, it was highest number since the one single debate ronald reagan had against jimmy carter in 1980. that is a famous year. that is the first time in 100 years republicans have taken out a sitting president. the presidential debate tied with clinton's debate with the first george bush in 1992, when the democrats took out an incumbent president. so i think there are a lot of people who are unhappy with oba but they just wanted to check out the challenger, make sure they're...
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Oct 12, 2012
10/12
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look at ronald reagan, it gets right down to it, these horrible tragedies occur -- neil: you don't think it is an issue that drives and -- [talking over each other] >> let's get to the bottom of the facts. neil: senator, maybe you can enlighten me. when vice president biden was talking about those of the upper income, those earning a million dollars or more, the party has argued it is the 250,000-dollar threshold. the vice president just raise that? >> you referred to both because both have been debating and voting on the senate. but the position of the administration, which biden said clearly, turning the paul ryan, why won't you a least let us preserve the middle class tax cuts for those making under $250,000. neil: he kept mentioning 1 million. >> there were several illustrations there. neil: so was he talking about the change of the administration? >> i don't think so. we voted on both plants. the most recent preserve the tax cut for those -- neil: so it's not a million comments 250,000? >> i still do. i still think so. the republican filibuster stopped us from preserving these middl
look at ronald reagan, it gets right down to it, these horrible tragedies occur -- neil: you don't think it is an issue that drives and -- [talking over each other] >> let's get to the bottom of the facts. neil: senator, maybe you can enlighten me. when vice president biden was talking about those of the upper income, those earning a million dollars or more, the party has argued it is the 250,000-dollar threshold. the vice president just raise that? >> you referred to both because...